Pedicle Screw Systems Market Overview and Introduction

The pedicle screw system is an important component in spinal cord fusion surgeries. It provides better immobilization and stabilization to bones of the vertebrae for the treatment of several acute and chronic deformities of the thoracic, lumbar, and sacral spine. Pedicle screws are placed above and below the vertebrae that are fused by surgical procedure and later, a rod is used to connect these screws. This ensures better bone grafting by restricting the vertebral movement. After the fusion is completely healed, the screws and rods can be removed. The pedicle screw fixation is commonly performed in patients suffering from severe spondylolisthesis, degenerative spinal cord impairments, spinal stenosis, scoliosis, and spinal tumors.

The global pedicle screw systems market is primarily driven by increasing spinal cord surgeries performed to treat degenerative diseases such as amyotrophic lateral sclerosis and spinal muscular atrophy. Moreover, there are several age-related spinal conditions such as osteoporosis, spondylosis, stenosis, and others, which require surgical treatments, further contributing to growth of the pedicle screw systems market. However, strict regulatory guidelines for product approvals remain a major concern in growth of the pedicle screw systems market.

Pedicle Screw Systems Market By Product Type

Based on product type, the pedicle screw systems market can be segmented into monoaxial pedicle screw systems, polyaxial pedicle screw systems, and others. Polyaxial pedicle screw systems are anticipated to grow at the highest CAGR during the forecast period. These systems are used extensively by surgeons for posterior spinal stabilization as they offer the advantage of moving along several different axes.

Pedicle Screw Systems Market By Surgery Type

Based on surgery type, the market can be segmented into minimally invasive surgery and open surgery. The minimally invasive surgery segment is expected to grow at the fastest CAGR owing to the increasing preference for minimally invasive surgeries. Minimally invasive spine surgeries are comparatively safer as they are associated with less blood loss and have a shorter recovery period. Moreover, companies are developing new pedicle screw systems that can be used in minimally invasive surgeries. For instance, in May 2019, Globus Medical, Inc. launched AERIAL, a minimally invasive expandable interspinous fixation system with independent locking plates.

Pedicle Screw Systems Market By Indication

Based on indication, the pedicle screw systems market can be segmented into spinal trauma, spinal degeneration, spinal deformities, and others. In 2019, the spinal degeneration segment accounted for the largest market share owing to the increasing aging populations suffering from inevitable degenerative spinal disorders such as spinal stenosis, osteoporotic compression fractures, degenerative spondylolisthesis, adult scoliosis, and degenerative disc disease.

Pedicle Screw Systems Market By Application

Based on the application, the market can be segmented into cervical fusion and thoracolumbar fusion. The thoracolumbar fusion segment accounted for the largest market share in 2019. The growth of this segment can be attributed to increasing surgeries performed to treat lumbar degenerative disc diseases. Moreover, companies are developing new and advanced pedicle screw systems that can be used in complex lumbar procedures. For instance, in November 2019, Alphatec Spine, Inc. launched SafeOp Neural InformatiX System (“SafeOp”). This system will aid in analyzing the neural anatomy for accurate screw placement, which will reduce the risk of pedicle breach in cases of complex lumbar procedures.

Pedicle Screw Systems Market By Region

The global pedicle screw systems market can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW). North America dominated the pedicle screw systems market, followed by Europe and Asia Pacific. In 2019, North America held the largest market share owing to the increasing cases of spinal cord injury in this region. According to the 2019 SCI Data Sheet published by National SCI Statistical Center (NSCISC), there are approximately 17,730 new spinal cord injuries each year in the U.S. There are several other factors, which contribute to market growth in this region such as rising geriatric population, advanced healthcare infrastructure, and rapid technological advancements.

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